The gig economy – winners and losers
Workers in the ‘gig economy’ might be delivering your pizza, programming the app that allows the transaction, or own the platform and 15% of each transaction. Like the internet itself, the gig economy is proof that equality of opportunity has no relationship to equity or equality of outcome.
It is easier than ever to own one’s own business – Jeff Bezos does, he owns Amazon. Valued at $156 billion he’s the world’s richest. The median salary of an Amazon employee is $AUS 39000. The bike riders that deliver food get paid as little as $6.70 per hour. In many ways the gig economy represents uber-casualisation and income polarisation of the workforce.